Crypto

Columbia Law Professor Labels Bitcoin as a “Crime Tool”

Scholars often do not take kindly to innovation, particularly in the financial sector. A recent “paper” by a Columbia Law professor only confirms this bias.

It is not the first time a university professor tries to bash Bitcoin.

Not Everyone Gets Bitcoin

Nor will it be the last time either.

A lot of people lack the necessary understanding to look at cryptocurrencies without bias.

As can be seen in this recent paper, it is evident that the bias is very strong.

Claiming how only criminals use Bitcoin is an opinion best left in the previous decade.

Several reports have come out to confirm criminal activity represents a small fraction of Bitcoin activity. 

Related Post

Why a law professor would put together such a biased document, is rather baffling.

Given the success of Bitcoin in recent years, one would expect a more neutral tone.

Unfortunately, there will always be those who oppose this concept simply because they can’t understand nor control it.

Even so, everyone is entitled to their own opinion regarding any topic.

Sharing those opinions with the public paves the path to enlightenment.

Bitcoin has proven to be very different from anything society has seen before.

It doesn’t have a steep learning curve but it does require entering with an open mind.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Velocity Ticket Debuts As The AI-Powered Invoicing Tool Every Service Business Needs in 2026

Velocity Ticket is trying to fix a major gap in businesses, and the approach it…

2 days ago

Axelar Confirms $4.67M Exploit on Secret Network Bridge, Core Protocol Remains Unaffected

Axelar is moving fast to contain damage after identifying a security incident that has resulted…

3 days ago

Sui Synthetic Dollar suiUSDe Gets Its Own Website

suiUSDe now has a dedicated landing page. The token, officially the eSui Dollar, comes out…

3 days ago

Ventuals Winds Down HIP-3 DEX, vHYPE Withdrawals Now Live For All Holders

Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The…

3 days ago

Avalanche Launches Payments Collective With Franklin Templeton And 25 Others

Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer…

4 days ago

ASTER Whale Reopens 5x Long Days After Getting Fully Liquidated On The Same Token

A wallet tracked as 0x5f91 just opened a fresh 5x leveraged long on ASTER, putting…

4 days ago